Havells India planning Rs 2,000 crore investment in FY25; announces strategic JV with KRUT LED for US expansion, ET Retail
Havells India plans a Rs 1,000 crore investment in 2024-25 to expand production capacities, explore AC compressor manufacturing, and target rural markets, along with international expansion through a joint venture for marketing lighting products in the USA. The brand is also focusing on emerging channels such as modern format retail or regional retail (MFR/RR), CPC/CSD canteens, e-commerce, and quick commerce.
Source: indiatimes.com
